Cloud-computing startup Fluidstack is in talks to raise approximately $1 billion at an $18 billion valuation, more than doubling its value from $7.5 billion earlier in 2026.
Fluidstack Ltd., a cloud-computing provider, is negotiating with investors for a funding round that would inject roughly $1 billion into the company, according to sources cited by Bloomberg.
The talks value the startup at $18 billion, representing a significant jump from its previous valuation of $7.5 billion when it raised capital earlier this year. The 140% increase in valuation reflects growing investor confidence in the cloud-computing sector and Fluidstack's position within it.
The company operates in a competitive market where demand for cloud infrastructure and computing resources continues to expand. If the funding round closes at the stated terms, it would be among the larger capital raises for a cloud-computing startup this year.
The round would mark Fluidstack's second major funding event in 2026, indicating accelerating growth and investor interest in the company's business model. Details about the specific investors participating in the talks have not been disclosed.
Fluidstack joins a wave of cloud-computing companies seeking substantial funding as enterprises and organizations increase investment in digital infrastructure. The sector has attracted significant venture capital attention amid ongoing demand for scalable computing solutions.
The talks remain ongoing, and funding rounds of this size can face changes in terms or investor participation before closing. Bloomberg cited sources familiar with the matter, indicating the information comes from people with direct knowledge of the negotiations rather than official company statements.
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